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Court adjourns Binance tax evasion case till April 19

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A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives.

The Federal Inland Revenue Service had dragged the firm to court for tax evasion.

Also joined in the suit are officials of the company, Tigran Gambaryan, and fleeing Nadeem Anjarwalla.

In the suit marked: FHC/ABJ/CR/115/2024, Binance was accused of failing to register with the FIRS for the purpose of paying all relevant taxes administered by the service.

The FIRS also alleged that while it was offering taxable services to subscribers on its trading platform, the company failed to issue invoices to the subscribers for the purposes of determining and payment of its Value Added Taxes.

The matter was adjourned on Thursday following the FIRS’ inability to serve Gambaryan the charges in EFCC custody.

The alleged money laundering case instituted by the EFCC is underway.

Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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